Common use of Additional Compensation to Executive Clause in Contracts

Additional Compensation to Executive. In addition to the compensation stated above, Executive shall receive an option to purchase up to 1,000,000 shares of common stock in TASKER, which option shall vest ▇▇▇ ▇e exercisable pursuant to the Notice of Grant dated August 25, 2004. A true and correct copy of the Notice of Grant is attached hereto as Exhibit "A". Notwithstanding the foregoing, the vesting of the option shall be pursuant to the vesting schedule contained in the Notice of Grant ("Vesting Schedule"). In addition, the Board of Directors of Tasker Capital Corp. may, in it▇ ▇▇▇▇ discretion, grant Executive additional performance compensation in the form or either cash or options or both.

Appears in 1 contract

Sources: Executive Employment Agreement (Tasker Capital Corp)

Additional Compensation to Executive. In addition to the compensation stated above, Executive shall receive an option to purchase up to 1,000,000 shares of common stock in TASKER, which option shall vest ves▇ ▇▇▇ ▇e be exercisable pursuant to the Notice of Grant dated August 25, 2004. A true and correct copy of the Notice of Grant is attached hereto as Exhibit "A". Notwithstanding the foregoing, the vesting of the option shall be pursuant to the vesting schedule contained in the Notice of Grant ("Vesting Schedule"). In addition, the Board of Directors of Tasker Capital Corp. may, in iti▇▇ ▇▇▇e discretion, grant Executive additional performance compensation in the form or either cash or options or both.

Appears in 1 contract

Sources: Executive Employment Agreement (Tasker Capital Corp)